$1,275,000
●
House -
Off Market
2440 Lorna Ln
Carlsbad, CA 92008
5 Beds
3 Baths
3,572 Ft²
$2,092,887
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Seller Will Entertain Offers Between $1,300,000 and $1,379,000.
Quintessential custom Olde Carlsbad estate. Gated half-acre lot
with tremendous potential and privacy. Perfect home for
multi-generational living with 3 bedrooms and 2 baths on the entry
level. Grand master suite is on the second floor with view balcony.
Extended driveway, two 2-car garages, room to add pool. Nature
enthusiasts will enjoy Hosp Grove to the east with trails and famed
eucalyptus groves. No HOA, no Mello-Roos. CARLSBAD SCHOOLS!
Rare opportunity west of El Camino Real. Current owners have
lived here since 1994. Flat and usable lot with endless
possibilities. Spacious master suite occupies the entire second
floor and features a large retreat, separate office, and westerly
view balcony.. Neighborhoods: Olde Carlsbad Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
3,572 Ft²
Days on Market
49 days
Land Size
0.53 acres
Price per sqft
$386
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #180054013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by The Lund Team, Inc | $1,379,000 | |
| Listed by The Lund Team, Inc | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
HOA + Taxes
About Carlsbad
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Listed by: Garrett Lund, The Lund Team, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180054013
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180054013
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